Menu
sharewise sharewise
Log in
Sign up
Log in
Sign up
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Nvidia and AMD Could Help This Stock-Split ETF Turn $200,000 Into $1 Million

TheMotleyFool 
0 0 08.07.24
Nvidia and AMD Could Help This Stock-Split ETF Turn $200,000 Into $1 Million: https://g.foolcdn.com/editorial/images/782634/a-digital-rendering-of-computer-chips-with-one-labelled-ai.jpg
 

Semiconductors are at the heart of the artificial intelligence (AI) revolution. Developing the most advanced AI models wouldn't be possible without the data center graphics processing units (GPUs) designed by the likes of Nvidia (NASDAQ: NVDA).

That company added $2.8 trillion to its market capitalization over the past 18 months alone thanks to surging demand for its GPUs. But the value created by AI is now reaching other companies in the chip space, including Nvidia's competitors like Advanced Micro Devices (NASDAQ: AMD).

Investors could profit from this trend by purchasing a cross-section of the entire chip industry, and an exchange-traded fund (ETF) like the iShares Semiconductor ETF (NASDAQ: SOXX) makes that really simple.

Continue reading


Source Fool.com

Nordic Semiconductor Stock

€11.93
0.210%
Nordic Semiconductor gained 0.210% compared to yesterday.

Show more
Like: 0
SOXX
Share

Comments

Not a member yet? Sign up for free!